Julie McKiernan
BEDS0
BATHS
SQUARE FEET1,504
MLS#1986811
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLRacine
Listing Courtesy of:
Durante & Rich Real Estate
Agency Contact: rdurante@drpropmgt.com
Property Description
Up/down duplex a few blocks from North Beach and the Lake Michigan shoreline in North Racine. Both units are occupied, so the next owner has income from day one. The lower unit has 2 bedrooms and 1 bath. The upper unit has 1 bedroom and 1 bath. Each unit has its own lease and works well for an investor adding doors. The price reflects needed updates, so there's room to build equity and grow rents over time. Current rents: Lower $995/mo. Upper $950/mo. Total gross rent is $1,945/mo ($23,340/yr).
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Lot Size: 0.09 Acres
Taxes: $3,808
Year Built: 1917
Units
Unit 1:
Bedrooms: 2
Full Baths: 1
Unit 2:
Bedrooms: 1
Full Baths: 1
Feature Descriptions
Basement: Full
Building: 2 Story, Duplex
Data Source: WIREX_METRO
Exterior: Vinyl
Units: 2
Utilities: 2 Electric Meters, 2 Gas Meters
Water/Waste: Municipal Water
Local Schools
School District: Racine
Listed By / Shown By
Listed By
Agency Name: Durante & Rich Real Estate
Agency Contact: rdurante@drpropmgt.com
Shown By
Agent Name: Julie McKiernan
Agent Phone: (608) 576-5823
Agency Title: Stark Company Realtors
Estimate Your Payment
Estimated Payment
$ 1,519.60 per month $1,139.59 Principal & Interest $317.33 Property Tax $62.68 Homeowner's InsuranceChange Payment Information
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1518 Lombard Avenue | MLS# 1986811
This multi-family property located at 1518 Lombard Avenue, Racine, WI 53402 is currently listed for sale with an asking price of $214,900. Lombard Avenue is located within the Racine school district. Search Racine real estate on jmckiernan.starkhomes.com today.